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The Axie Infinity Marketplace is the NFT marketplace for one of the most popular crypto video games. It lets users buy and sell NFTs for the creatures, items, and land that are used in Axie Infinity. Since the game requires three Axies to start, using its marketplace is the fastest way to get started. Read our full Axie Infinity Marketplace review to see how it works and find out if you should give it a try.
Axie Infinity
Types of NFTs
Gaming
Fees
5.25% Axie Marketplace fee for sellers
Blockchain
Ethereum with Ronin sidechain
Services
Buy, sellSupported Wallets
Ronin Wallet
Payment Methods
Ethereum (ETH)This marketplace has everything Axie Infinity players need to start playing and build a winning team. Since it focuses on Axie Infinity, it won't work for investors who want to buy other types of NFTs.
This NFT marketplace is a good fit for: Blockchain gaming enthusiasts who want to buy creatures and other NFTs they can use to play Axie Infinity.
The Axie Infinity Marketplace is a specialized marketplace with NFTs for the popular Axie Infinity game. It offers hundreds of thousands of Axies, which are digital pets that have different attributes and rarity. You can use these creatures to battle, explore the game area, and breed to create new Axies. The marketplace also offers land in the game world and items.
NFTs you buy on the Axie Infinity Marketplace are added to your inventory. If you want to sell any of your inventory, you can do so either at a fixed price or through an auction.
One of the reasons people have been drawn to Axie Infinity is because it's a play-to-earn crypto game. Players earn cryptocurrency through in-game rewards. This gives you another way to make money by investing in NFTs, as selling them isn't the only way to make a profit.
Some players buy Axies and play the game themselves to earn crypto. Others invest in Axies and let other players rent them out in return for a cut of their earnings. This type of arrangement is called a Scholarship.
The Axie Infinity Marketplace doesn't charge buyers a fee. You can purchase NFTs free of charge, which is rare on NFT marketplaces. Keep in mind there are gas fees for depositing Ethereum to your Ronin Wallet, which is required to use this platform.
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If you're interested in buying different types of NFTs, you'll need to look elsewhere. This marketplace is exclusively for Axie Infinity players. You won't find digital art, videos, sports highlights, or anything else.
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Sellers pay an Axie Infinity Marketplace fee of 5.25%. If you sell an Axie for $1,000, fees would cost you $52.50. That's on the high side, since there are other NFT marketplaces that charge 2.5%.
Although the Axie Infinity Marketplace is fairly easy to use, it requires multiple wallets: Ronin Wallet and MetaMask. The marketplace requires Ronin Wallet, because it uses the Ronin sidechain. To be able to buy anything, you need Ethereum in your Ronin Wallet, which you can deposit from MetaMask. On the bright side, MetaMask is one of the best NFT wallets.
The Axie Infinity Marketplace is designed around the Axie Infinity game and the NFTs it uses. Here's a look at the services it offers and how it works.
On the Axie Infinity Marketplace, you can buy and sell gaming NFTs to use in Axie Infinity. These include Axies, which are the game's creatures, digital land, items, and bundles of multiple items. You need to have at least three Axies to play Axie Infinity.
From your inventory, you can sell any of your NFTs on the marketplace. You can also breed your Axies to create a new one.
The Axie Infinity Marketplace is built on the Ethereum blockchain. It also uses a sidechain called Ronin to process transactions more quickly and minimize transaction fees.
Ronin Wallet is the only supported wallet on the Axie Infinity Marketplace. You need to download it to make transactions on the platform.
You'll also need MetaMask so you can transfer Ethereum to your Ronin Wallet, since Ethereum is required to make purchases with Axie Infinity. Once you have MetaMask, you can use Ronin Bridge to deposit Ethereum to Ronin Wallet. There are other ways to get Ethereum in your Ronin Wallet without using MetaMask, but they're unavailable to U.S. customers.
Ethereum is the only payment method accepted on the Axie Infinity Marketplace. You can purchase Ethereum on most of the top cryptocurrency exchanges.
The Axie Marketplace fee is 5.25%, and it's paid by the seller. There's no fee for buyers. Of that fee amount, 4.25% is sent to the Community Treasury, and 1% is shared with the NFT's creator if there's a creator code. If there's no creator code, then the Community Treasury receives the full 5.25%.
Compared to other NFT marketplaces, the Axie Infinity Marketplace is expensive for sellers. Other major marketplaces charge 2.5%. However, that's somewhat balanced out by the fact that buyers don't pay a fee.
The Axie Infinity Marketplace offers NFTs that can be used in the Axie Infinity online game. These include:
Since the marketplace is strictly for Axie Infinity, it doesn't offer any other types of NFTs, such as digital art, music, or domains.
The Axie Infinity Marketplace is a popular target for hackers. Since your NFTs are stored in your Ronin Wallet, they'll be safe as long as no one else is able to access your wallet or get your seed phrase. It's important to be careful about the links you click on and how you store your seed phrase so your wallet doesn't fall into the wrong hands.
Some users have reported that their wallets were hacked, and that the hackers stole all their NFTs and cryptocurrency. Unfortunately, once this happens, it's often impossible to get those assets back.
Axie Infinity suffered one notable security breach in November 2021 when its Discord channel was hacked. The hacker sent out a fake announcement with a link directing to a website designed to steal Ethereum. In response, Axie Infinity reimbursed everyone who lost funds due to the announcement and took steps to improve their Discord channel's security.
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